Verizon reported $2.92 billion in net income for the quarter with $26.5 billion in revenue, down 2.9 percent from $27.3 billion in revenue last year. Despite the drop, the company still performed better than the $26.3 billion in revenue that analysts expected.

Verizon Wireless remains the largest carrier in the U.S. with 93.2 million customers at the end of the quarter, compared to AT&T’s 92.8 million users. Wireless service revenue was up 5 percent at $13.5 billion, and data revenue rose 22.8 percent to $4.8 billion.

The company’s fiber technology services continued to grow with 204,000 new FiOS TV customers, and 226,000 FiOS Internet subscribers. It had a total of 3.9 million FiOS Internet customers and 3.3 million FiOS TV users.